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Buying a cancelled holiday from an insurance company after they've paid out a claim.
I have heard of people buying holidays off of insurance companies.
I am told that the reason this is possible, is that the insurance company own the holiday, if someone has to cancel at the last minute, and the insurance company pays up. (A bit like if your car is written off).
The insurance company will then try to re-coup revenue by selling off the holiday.
I've scoured the internet trying to find out if this is hog-wash, or a possibility.
Anyone got any clues?
Answers
No best answer has yet been selected by the_cruiser. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.I've heard of something similar - cancelled holidays can be purchased from www.icelolly.com although i'm not sure its necessarily the cheapest way of finding a holiday.
Good luck.
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